Namibia spends N$87bn on electricity
The International Energy Agency (IEA) says Namibia spent approximately US$5 billion (N$87 billion) on electricity in 2023, marking a 25% ...
Tag: South Africa
Osino rules out gold refinery plans in Namibia
Osino Resources has ruled out plans to construct a gold refinery in the country for gold production from the soon ...
Anglo-American reports N$333 million capex in Namibia for H1 2024
Anglo-American spent US$18 million (N$333 million) on capital expenditure (capex) for the period ending June 30, 2024, for its Namibian ...
Namibia’s diamond production declines by 11% in Q2
De Beers Group reported a 11% decline in diamond recovery to 0.56 million carats for its Namibian operations in the ...
Namibia, South Africa to partner on Africa’s first green hydrogen pipeline
#image_title President Nangolo Mumba has announced that Namibia and South Africa are set to collaborate on a groundbreaking initiative to ...
Katoro Gold withdraws investment from Namibia citing ownership limitations
Katoro Gold Plc says it is withdrawing from projects in Namibia and South Africa, citing unfavourable local ownership limitations and ...
TotalEnergies acquires strategic Orange Basin Block
TotalEnergies has acquired an operating stake in a South African oil block, building on its successful discoveries in Namibia. The ...
Namibia produces 2.3m carats of rough diamonds in 2023, up 9%
Namibia produced 2.327 million carats of rough diamonds last year, according to latest figures released by De Beers, a 9% ...
Govt wants NamPower to focus on distribution with IPPs generating power
The government is considering a long-term plan to transform its state-owned power utility, NamPower, into an electricity distribution company, while ...
